Page 28 - Gireesh Babu

Malabar Gold pulls out Pakistan I-Day ad from Facebook

It was meant for regional customers in the West Asia, while it was posted wrongly in Facebook, said sources

ICF Chennai targets to produce 2,486 coaches in 2016-17

It has also been given the target to manufacture 881 self-propelled coaches for the current year

TVS Motor's dispute with Bajaj Auto on 'disparaging' ad comes to an end in court

Bajaj Auto submitted a memo with the Madras High Court that it has withdrawn the said campaign

Revenue from acquired stressed assets to finance new projects, says NLC India CMD

NLC has also ventured into power trading now, owing to the higher power surrender by user states and discoms

Economic freedom is true freedom, says J Jayalalithaa

She also announced a hike in the pension for freedom fighters and their families

First Leasing scam: Madras HC dismisses Muthiah's quash petition

Muthiah had submitted that he was only a non-executive director and couldn't be criminally charged for transgressions of FLCI

Optimism exists, but there are also uncertainties: MRF CMD

At the company's AGM, K M Mammen lamented about govt's unwillingness to slap anti-dumping duty on Chinese imports

Modi, Putin, Jayalalithaa dedicate Kudankulam Nuclear Power Plant to the country

Unit-II of the plant to be ready end of this month, 5 more units with 1000 MW each to come up in Kudankulam

City Union Bank PAT up 11%

Total Income up 9% at Rs 883 crore; gross NPAs rise from 2.01% to 2.62%

BGR Energy strikes off Rs 1,902 cr contract of Damodar Valley Corp

DVC confirmed to the company that the power project RTPS Phase-II will not be executed

IOB posts Q1 net loss of Rs 1,451 cr

Gross NPA grow to 20.48% and net NPA to 13.97%

Intellect Design Arena posts net profit of Rs 3.73 crore

Firm has posted Rs 5 cr loss in year-ago quarter; eyes annual revenue of Rs 990-1,020 cr in current fiscal

Polaris Q1 profit up by 8.2 %

Total income rose by 0.5 %

Megasoft sells its properties in Hyderabad

Proceeds to be utilised for repayment for loans and debts

Raymond expects apparel, fabric business to grow in five years

The company plans to expand it's retail presence with more stores, renovates existing outlets

Lendingkart: Banking on small-town enterprises

Lendingkart has made the lending process easy for SMEs, but lack of adequate quality data will be a challenge

Hatsun Agro plans Rs 450 cr expansion of ice cream, dairy capacity

Company to expand ice cream output from the current 100,000 litres a day to 150,000 litres

Cognizant net down 40%

Firm cuts full-year forecast for 2nd straight quarter

Income Tax raid in various premises of Muthoot firms

Raids conducted in premises of Muthoot Finance, Muthoot Fincorp and Mini Muthoot, said official sources

Cognizant cuts full-year guidance for the second straight quarter

Q2 net profit down 40% due to one-time remittance, revenue up 9.2% y-o-y